Standens (truro) Limited

Standens (Truro) Limited, based in Truro, UK, is a small, active company founded eleven years ago in May 2014. With seven employees and £107,551 in assets, it operates from a real address and is led by two directors and two owners. The company holds a stellar 5.0 Google rating based on sixteen reviews, and is a regular importer of optical and medical tools and devices, with the latest import occurring in March 2024.

The company’s core business revolves around the retail sale of medical and orthopaedic goods in specialised stores. It’s a family-run operation, with Davis Andrew and Williams Christopher listed as owners, and Neil Standen and Karen Standen serving as directors. The company’s website is not available, making it difficult to assess its e-commerce presence or online sales strategy.

Financially, Standens (Truro) Limited presents a mixed picture. Current assets have declined significantly, dropping 61% to £110,000. Bank borrowings have increased, and cash reserves have fallen by a substantial 93% to just £10,000. Creditors have also decreased, suggesting improved debt management. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The sharp decline in equity, however, is a cause for concern, indicating a potential strain on the company’s financial health. The accounts are unaudited, and there is no auditor mentioned.

Despite these challenges, Standens (Truro) Limited maintains a positive reputation among its customers, as reflected in its high Google rating. The company’s focus on specialised medical goods and its family-run nature suggest a commitment to quality and personal service. Whether it can overcome its financial pressures and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 09044749, with a registered address at TR1 2RP, England, Truro, The Tony Pearce Practice, Walsingham Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.